China's richest man just gave Beijing a reality check

Real estate mogul Wang Jianlin told Sandy Li at the
South China Morning Post that the country needs to
accept lower growth and transform the economy.

"China needs to drop the fantasy of keeping a high growth rate of
7% or 8% and just accept 6%, 7%, or even 5% percent," he
said. "China's economy needs to transform from relying on
investment and exports to consumption. That's a painful process.
If the transformation doesn't happen now, it would be even more
painful in the future."

Wang's son, Wang Sicong, appeared
recently in a BBC documentary, commenting on how
the Chinese government controls all aspects of it's youths'
lives and culture — and how deviance from the government norm
would be "suicide."